309 W Ironwood StBrandonSD57005
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Brandon at 309 W Ironwood St, Brandon, SD, 57005 with 5% annual appreciation on a $450,000 basis while $1,199/mo rent supports operations. 67% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 3.2%. Five-year ROI measures 32.04% and total cumulative return in cash totals $47,790. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,199/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57005, Brandon, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,380 (75.4%) |
| Renter Occupied HU | 951 (21.2%) |
| Vacant Housing Units | 151 ( 3.4%) |
| Median Home Value | $378,922 |
| Average Home Value | $442,610 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,250
Multi-Family
361
Businesses
407
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Listed by: Julie Johnson • RE/MAX Professionals Inc
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22503643
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